Toitware ApS — Credit Rating and Financial Key Figures

CVR number: 38984594
Jægergårdsgade 97, 8000 Aarhus C
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Company information

Official name
Toitware ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry

About Toitware ApS

Toitware ApS (CVR number: 38984594) is a company from AARHUS. The company recorded a gross profit of 2453.8 kDKK in 2022. The operating profit was -2464 kDKK, while net earnings were -1802.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -11 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Toitware ApS's liquidity measured by quick ratio was 5.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit- 113.791 129.132 359.482 595.222 453.82
EBIT- 124.94-5 149.65-6 152.54-6 505.09-2 463.96
Net earnings- 126.24-4 090.87-4 080.27-4 494.67-1 802.68
Shareholders equity total506.1719 449.7316 381.4917 386.8715 533.70
Balance sheet total (assets)633.3321 442.8919 583.4524 076.3821 572.67
Net debt- 294.99-14 762.48-5 699.91-4 865.03-2 685.10
Profitability
EBIT-%
ROA-19.7 %-46.7 %-30.0 %-29.8 %-10.8 %
ROE-24.9 %-41.0 %-22.8 %-26.6 %-11.0 %
ROI-21.2 %-48.8 %-31.8 %-31.9 %-11.3 %
Economic value added (EVA)- 124.94-4 023.97-2 939.17-4 498.83-1 656.71
Solvency
Equity ratio79.9 %90.7 %83.6 %72.2 %72.0 %
Gearing16.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.318.26.45.75.2
Current ratio3.318.26.45.75.2
Cash and cash equivalents377.7814 762.485 699.914 865.032 685.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:-10.8%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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